1741-1961: The Maria Theresa Thaler is widely used in the Middle East and Africa as a trade currency. Austria is a major European power at this time. The country trades at a high rate with other Mediterranean and Middle Eastern countries, and it has access to plentiful amounts of silver from Bohemia and Tyrol. Large quantities of the Maria Theresa Thaler are thus minted and circulates to Austria's trading partners. (jan 1, 1741 – jan 1, 1961)

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Sources:

Stride, H. G. "THE MARIA THERESA THALER." The Numismatic Chronicle and Journal of the Royal Numismatic Society 16 (1956): 339-43. www.jstor.org/stable/42678400.

Tschoegl, Adrian E. “Maria Theresa’s Thaler: A Case of International Money.” Eastern Economic Journal, vol. 27, no. 4, Fall 2001, p. 443. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=bth&AN=5600521&site=eds-live.

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